United India declares Rs. 301 cr profit
United India Insurance Company has reported a profit after Tax of Rs 301 crore in 2014-15. The investment income of Read more
Market value
Principles of indemnity in Insurance
The objective of the principle is to place the insured, as far as possible, in the same financial position after a loss, as that occupied by him, immediately before the loss. Read more
Sum insured in the Standard Fire Policy
Under the Fire Insurance policy the Underwriters agree that “If after payment of the premium the Property Insured described in the said Schedule or any part of such Property be destroyed or damaged by any of the perils specified hereunder during the period of Read more
